HINDPETRO.NS - Hindustan Petroleum Corporation Limited
| Previous close | 306.45 |
| Open | 305.70 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 293.15 - 305.70 |
| 52-week range | 163.00 - 333.50 |
| Volume | 3,566,500 |
| Avg. volume | 6,686,140 |
| Market cap | 448.841B |
| Beta (3Y monthly) | 0.90 |
| PE ratio (TTM) | 6.71 |
| EPS (TTM) | 43.91 |
| Earnings date | N/A |
| Forward dividend & yield | 18.80 (5.80%) |
| Ex-dividend date | 2019-06-06 |
| 1y target est | 249.73 |
- Reuters•last month
Only one Indian client of Iran takes up extra Saudi oil for June: sources
Only one Indian buyer of Iranian oil has taken up Saudi Arabia's offer of additional oil to make up for the loss of supplies from Tehran due to U.S. sanctions, taking an extra 2 million barrels from the Kingdom for June shipment, industry sources said. Last month, Saudi Arabia approached Indian buyers offering them additional supplies to compensate for loss of Iranian oil after the United States threatened to sanction entities buying oil from Tehran, the sources said. The United States had imposed new sanctions on Iran in November last year, but gave a six-month waiver to eight countries, including India, which allowed them to import some Iranian oil.
- Free Press Journal•2 months ago
HPCL-MRPL merger: ONGC rules out share swap
Hindustan Petroleum Corp Ltd's plans to acquire Mangalore Refinery and Petrochemicals Ltd (MRPL) has hit a cash hurdle, with parent ONGC preferring a cash deal rather than a share-swap, sources aware of the development said.
- Reuters•4 months ago
Bombay High Court overturns 2017 arbitration award to HPCL for $113 million
An Indian court has set aside an arbitration award of more than 8 billion rupees ($113.19 million) owed to India's Hindustan Petroleum Corp Ltd by Malaysia’s M3nergy, according to a court document reviewed by Reuters. In 2017, state-run HPCL was awarded the amount after an arbitration board found that M3nergy had delayed the finalising of a consortium agreement which led to the termination of an exploration contract with India's Oil and Natural Gas Corp, the Economic Times newspaper reported at the time.
- Reuters•4 months ago
Hindustan Petroleum third-quarter profit dives 87 percent on higher expenses
State-owned refiner Hindustan Petroleum Corp Ltd on Tuesday posted an 87.3 percent slump in third-quarter profit, dented by higher expenses. Net profit came in at 2.48 billion rupees compared with a profit ...
- The Indian Express•5 months ago
Hindustan Petroleum recruitment (GATE): Applications open for engineers, package upto Rs 16.7 lakh
Hindustan Petroleum recruitment 2019: Applications for the post of civil, mechanical and chemical engineer is open. Candidates need to apply at hindustanpetroleum.com before February 15, 2019.
- Financial Express•5 months ago
HPCL Recruitment 2019: HPCL to recruit engineers through GATE 2019, check details here
Hindustan Petroleum Corporation Limited (HPCL) has released notification for recruitment of Chemical, Mechanical and Civil Engineers through GATE 2019.
Reuters•5 months agoBPCL to buy Iranian oil in February after three-month gap: sources
State-run Bharat Petroleum Corp will import 1 million barrels of Iranian oil in February after a gap of three months, with the nation's overall purchases from Tehran remaining at 9 million barrels, three ...
- Reuters•5 months ago
Hindustan Petroleum confirms Indian oil firms stop taking margin hit on fuel sales
Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cents) a liter in their marketing margins on the sale of petrol and diesel due to a steep fall in global oil prices, said M K Surana, chairman of one of the three companies, Hindustan Petroleum Corp Ltd. In October, India's finance ministry had cut its production tax on the two fuels by 1.50 rupees a litre and had asked state-owned fuel retailers to reduce their marketing margins by 1 rupee a litre to insulate consumers from a surge in global oil prices at the time. Reuters had earlier in the day reported sources saying that state-owned fuel retailers had stopped absorbing the 1 rupee margin hit.
- Firstpost•6 months ago
Hindustan Petroleum to buy crude from Iran in January after 6-month gap, says report
The United States in early November granted India a six-month waiver from sanctions against Iran’s oil exports.
Reuters•6 months agoHPCL to buy Iranian oil in Jan after six-month gap: sources
State-run Indian oil refiner Hindustan Petroleum Corp (HPCL.NS) will buy Iranian crude in January after a gap of six months, with the nation's overall purchases from Tehran at 9 million barrels in the month, four industry sources said. The United States in early November granted India a six-month waiver from sanctions against Iran's oil exports. Under the agreement, New Delhi must restrict its Iran oil purchases to 1.25 million tonnes, or 9 million barrels.
- Reuters•7 months ago
Wave of refinery shutdowns may push India into importing fuel next year
NEW DELHI/MUMBAI (Reuters) - A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels. India, the world's third-biggest oil importer and consumer, has surplus refining capacity and rarely imports gasoil and gasoline. It also means that demand for fuel produced by India's privately owned refiners will likely climb during the period, as state refiners seek to fill the gap.
- Reuters•7 months ago
Hindustan Petroleum may buy Iranian oil if India secures sanctions waiver
State-run Indian refiner Hindustan Petroleum said it may resume buying Iranian oil if New Delhi secures a waiver from U.S. sanctions, its chairman M K Surana said on Thursday. India is Iran's top oil client after China and hopes to get a waiver on U.S. sanctions before they take effect on Sunday, after significantly reducing its oil imports from Iran.
- Reuters•7 months ago
Hindustan Petroleum Corp second-quarter profit dives, misses estimate
State-owned refiner Hindustan Petroleum Corp Ltd posted a 37.1 percent fall in second-quarter profit on Thursday, dented by rising costs amid higher raw material and forex expenses. Net profit came in ...
- Simply Wall St.•8 months ago
How Did Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) 28% ROE Fare Against The Industry?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
- Reuters•10 months ago
Hindustan Petroleum tops profit estimates
India's Hindustan Petroleum Corp Ltd posted an 86 percent jump in first-quarter profit on Wednesday, beating analysts' expectations, driven by strong refining margins. The state-controlled company said ...
- Reuters•10 months ago
Indian Oil sells naphtha from Paradip refinery for first time in more than a year
Indian Oil Corp (IOC) sold a naphtha cargo from its Paradip refinery this week, four traders that participate in the market said on Friday, in what was likely the first sale since May 2017. IOC sold up to 30,000 tonnes of naphtha on late Thursday in two separate cargoes for second-half August loading from Paradip to a trading house at discounts of about $14 a tonne to its own price formula on a free-on-board (FOB) basis, the traders said. IOC this year stopped exporting naphtha from Paradip, which can process 300,000 barrels per day (bpd) of crude, as it was using the fuel as feedstock for gasoline production, said the traders, who closely track Indian cargoes.
- Reuters•10 months ago
State refiners drive India's July Iran oil imports to a record: trade sources
India's monthly oil imports from Iran surged by about 30 percent to a record 768,000 barrels per day (bpd) in July, as state refiners' intake surged ahead of U.S. sanctions in November, preliminary tanker arrival data obtained by Reuters showed. The shipments also include some parcels that were loaded in June and arrived in India last month, the data obtained from trade sources showed. State refiners that had cut imports from Iran in 2017/18 due to a dispute over development rights of a giant gas field, have tied up significantly higher volumes for this fiscal year that began in April, drawn to the discounts offered by Iran.
- Reuters•11 months ago
Exclusive: HPCL cancels Iran oil shipment after insurer excludes coverage - sources
India's Hindustan Petroleum Corp (HPCL) cancelled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of the matter said. HPCL, India's third-biggest state-owned refiner, renewed its installation insurance, which protects against any accidents at its refinery or storage sites, in early July. India is the second-biggest buyer of Iranian crude after China and without insurance coverage to protect their plants, the country's refineries may have to cut off their imports earlier than anticipated.
- Reuters•11 months ago
Nifty, Sensex end higher; banks, oil companies lead
Indian shares snapped two straight sessions of losses on Tuesday, helped by gains in financial stocks such as ICICI Bank Ltd and oil companies including Hindustan Petroleum Ltd. The broader NSE Nifty closed ...
- Reuters•last year
Sensex rises, posting fifth straight winning week
Indian shares closed higher on Friday, marking their fifth straight winning week, led by gains in financials such as Housing Development Finance Corp Ltd. The broader NSE Nifty closed 0.75 percent higher ...
- Simply Wall St.•last year
What Do Analysts Think About Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) Growth?
Looking at Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) earnings update in March 2018, it seems that analyst forecasts are fairly pessimistic, with earnings expected to decline by -27.04% in the upcomingRead More...
